Bullish Case: GIII's growth in higher margin brands, a mean-reverting price pattern, and significant year-over-year price increase suggest potential for upside.


Bearish Case: Recent revenue miss, lowered analyst forecasts, and price drops from 90 and 30 days ago indicate potential continued downward pressure.


Potential Outcomes: 60% chance of continued mean reversion, 25% chance of break from trend due to Q1 results, 15% chance of unexpected positive catalyst.


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March 29, 2024


G-III Apparel Forecast

GIII        G-III Apparel
Price Forecast: BULLISH    Price Action: MEAN REVERTING (?)






Correlated Stock Forecasts

Assets that tend to move strongly with GIII



PDD Forecast + Options Trading Strategies   [PDD]  Pinduoduo (0.95)


AFRM Forecast + Options Trading Strategies   [AFRM]  Affirm (0.94)


TAL Forecast + Options Trading Strategies   [TAL]  TAL Education (0.93)


X Forecast + Options Trading Strategies   [X]  United States Steel (0.93)


AMR Forecast + Options Trading Strategies   [AMR]  Alta Mesa Resources (0.92)



Uncorrelated Stock Forecasts

Assets with little price relationship to GIII



EH Forecast + Options Trading Strategies   [EH]  EHang Holdings Ltd - (0.0)


SIGA Forecast + Options Trading Strategies   [SIGA]  SIGA (-0.0)


EXR Forecast + Options Trading Strategies   [EXR]  Extra Space Storage (-0.01)


CTRA Forecast + Options Trading Strategies   [CTRA]  Coterra Energy (0.01)


BCS Forecast + Options Trading Strategies   [BCS]  Barclays (-0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against GIII



BMY Forecast + Options Trading Strategies   [BMY]  Bristol-Myers Squibb (-0.89)


DQ Forecast + Options Trading Strategies   [DQ]  Daqo New Energy (-0.9)


STAA Forecast + Options Trading Strategies   [STAA]  Staar Surgical (-0.9)


SKIN Forecast + Options Trading Strategies   [SKIN]  Beauty Health Company (The) (-0.91)


FNV Forecast + Options Trading Strategies   [FNV]  Franco-Nevada (-0.92)





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